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TDS ON SPONSORSHIP (Income Tax)

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This query is : Resolved


( Author )
11 May 2009

We are paying to Organising Body for conference sponsorship for 3 session. Now tell how tds will be applicable.

Regards

Vinay


chetan soni

( Expert )
11 May 2009

Yes, it is a contract for organising conference. It is covered u/s 194C.


VINAYAK

( Author )
11 May 2009

it is 2% or 1%


CA Nitin Wadhwani

( Expert )
11 May 2009

1% + applicable Surcharge and Cess.


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